Rise in Marriage Loans and Fresh Warning From the CBI

The Majlis Joint Commission decided to double marriage loans to newlyweds in the March 2022-23 budget. The commission is an ad hoc parliamentary body comprising representatives from all parliamentary commissions and responsible for reviewing the budget bill.
“Each of the partners who tie the knot from March 2018 to March 2023 will get 1.2 billion rials [$4,528] in marriage loans,” Rahim Zare'e, the commission’s spokesperson was quoted as saying by IBENA. 
To encourage early marriage, banks are required to grant 1.5 billion rials ($5,660) per partner if the bride is below 23 years and the groom under 25.